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Housing Market Outlook 2026: Prices Stabilizing, Demand Still Weak

  If you've been watching the Canadian housing market and waiting for a clear signal — up, down, or sideways — welcome to 2026, where the answer is stubbornly "sideways." Prices have stopped falling in most regions, but they're not exactly rallying either. Meanwhile, the buyers who were supposed to flood back after rate cuts? Still sitting on the fence. Here's what the data says and what it means for your wallet. 📊 Quick Stats — April 2026 National average home price: $695,412 (+2.2% year-over-year) National benchmark price (MLS HPI): $666,400 (-4.2% year-over-year) Months of inventory: 5.2 (balanced territory) GTA average price: $1,051,969 (-4.9% year-over-year) Bank of Canada policy rate: 2.25% (held steady) 📉 Why Are Prices "Stabilizing" But Not Recovering? Canada's housing market entered 2026 caught between two opposing forces. On one side, the Bank of Canada cut its policy rate from a peak of 5.0% all the way down to 2.25%, which should ...
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Common Credit Card Mistakes





 Here are some common credit card mistakes that even high-credit score mavens make:

1. Carrying a balance: Carrying a balance on your credit card can lead to high-interest charges and negatively impact your credit score 1.

2. Using most or all of your credit limit: Using most or all of your credit limit can increase your credit utilization ratio, which can negatively impact your credit score 1.

3. Taking cash advances: Cash advances usually come with high fees and interest rates, making them an expensive way to borrow money 1.

4. Making late payments: Late payments can lead to late fees, increased interest rates, and negatively impact your credit score 1.

5. Chasing rewards: Chasing rewards can lead to overspending and carrying a balance on your credit card, which can negatively impact your credit score 1.



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